Strong indications emerged at the weekend that prices of Premium Motor Spirit (PMS), popularly called petrol, may crash further in 2025. Industry experts, who spoke to Saturday Sun, noted that petrol, which currently sells for between N900 and N950 in many Read more…
Former governor of Anambra State and Labour Party presidential candidate in Nigeria’s 2023 presidential election, Mr. Peter Gregory Obi, has said that the nation needs selfless leadership, contrary to claims of an improved economy by the ruling APC. Obi, who Read more…
The Nigerian National Petroleum Company Limited (NNPCL) has formally invited former President Olusegun Obasanjo to tour the Port Harcourt Refinery, in order to provide clarity on the facility’s operational status. The invitation comes in the wake of Obasanjo’s recent comments Read more…
The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, except if there is a surge in Nigeria’s oil output, The PUNCH gathered on Wednesday. Read more…
There is no letup in the opposition to the Tax Reforms Bill pending before the National Assembly as the Kano State Government has openly shot it down, insisting that it was ill-timed, lopsided and inimical to the unity of the country. Read more…
Residents of the Federal Capital Territory (FCT) have been urged to support government projects that benefit the public, particularly those that deal with Right of Way (RoW) concerns. The minister, Nyesom Wike made the appeal, yesterday, after inspecting many ongoing projects, Read more…
The Warri Refining and Petrochemicals Company (WRPC), in Delta State, yesterday commenced operations with the production of kerosene, diesel and naptha. The operations of the 125,000 barrels per day(bpd) facility follows the recent commencement of crude refining at the 60, 000 Read more…
Human rights activist, petroleum engineer and the 2015 presidential candidate of the National Conscience Party (NCP), Chief Martin Onovo, has said that they had in 2023 warned that the removal of fuel subsidy would cause untold hardship to Nigerians. In this Read more…
The National Security Adviser, Nuhu Ribadu has stated that Nigeria’s relationship with France is strictly economic and has no military implications. Ribadu, who made the clarification during an interview with BBC Hausa on Friday, was reacting to an allegation made Read more…
TO alleviate poverty and improve the fortunes of the citizenry in 2025, the Federal Government and 35 of the 36 states of the country have proposed to spend N74.249 trillion as budget next year. Rivers State, which is enmeshed in Read more…
The Nigeria Labour Congress (NLC), Lagos Council, has lauded Dangote Refinery for the recent slash in fuel pump price, describing it as a timely economic relief for Nigerians. The NLC State Chairman, Funmi Sessi, who made the commendation in a statement Read more…
Leader of the Senate, Opeyemi Bamidele (Ekiti Central), has called on Nigerians to support the Tax Reforms Bills under consideration in the National Assembly, saying it will make adjustments to derivation sharing formula that will improve finances of states across the Read more…